Comcast Corp
Slowdown in tourists coming to the U.S. puts Disney’s theme park magic at risk
A slump in air travel to the U.S. is emerging in the wake of President Donald Trump’s tariffs, and it could hit Walt Disney ‘s important theme park business where it hurts. With international guests accounting for about 20% of Disney’s park attendance in Orlando, Florida, and Anaheim, California, according to Barclays, the latest data […]
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Netflix earnings are after the bell. Here’s what to expect
Beata Zawrzel | Nurphoto | Getty Images Netflix is due to report first-quarter earnings after the closing bell Thursday. The report marks the first time that the streaming giant isn’t disclosing quarterly subscriber data as it shifts its strategy to focus on revenue and other financial metrics as performance indicators. Netflix’s earnings also come as […]
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Judge finds Google holds illegal online ad tech monopolies
Alphabet‘s Google illegally dominated two markets for online advertising technology, a federal judge said on Thursday, dealing another blow to the tech titan in an antitrust case brought by the U.S. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, ruled that Google unlawfully monopolized markets for publisher ad servers and the market for ad exchanges […]
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Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Epic Universe, the $7 billion attraction from Comcast Corp.’s Universal Destinations & Experiences division, offers five distinct lands and opens to the public on May 22. Bloomberg | Getty Images Epic things are coming to Orlando. In […]
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‘Minecraft’ box office jolt offers hope for the summer slate
Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment’s “A Minecraft Movie.” Warner Bros. Warner Bros.’ struck gold over the weekend. “A Minecraft Movie,” the studio’s co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut. The movie not only set a record […]
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FCC investigating Disney, ABC for DEI initiatives
The main gate at The Walt Disney Studios in Burbank, California, on Sept. 25, 2023. Mario Anzuoni | Reuters The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC, the agency that regulates […]
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Peyton Manning’s Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than $750 million, sources say
Peyton Manning on Sunday, February 16, 2025. Theo Wargo | NBCUniversal | Getty Images Peyton Manning has a new business partner. A new platform run by Patrick Whitesell, the former executive chairman of Endeavor, has acquired a minority stake in Manning’s Omaha Productions. The stake, which is approximately 10% of the company, values Omaha Productions […]
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Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm
The Boston Celtics hang the 2024 NBA championship banner at TD Garden. Danielle Parhizkaran | Boston Globe | Getty Images A group led by private equity executive Bill Chisholm is buying the NBA’s Boston Celtics at a valuation of $6.1 billion, the team’s ownership announced Thursday. Private equity firm Sixth Street is part of the […]
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China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows
Key Points Chinese videostreaming platform iQiyi said Thursday it plans to open its first theme park this year, based on characters from its own shows. The forthcoming “iQiyi Land” is set to open in the city of Yangzhou in Jiangsu province, just over two hours from Shanghai by high-speed train. Legoland is opening its first […]
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Comcast expands partnership with Olympics, extends media rights through 2036
Snoop Dogg attends the Artistic Gymnastics Women’s Qualification on day two of the 2024 Paris Olympic Games at Bercy Arena in Paris on July 28, 2024. Arturo Holmes | Getty Images Sport | Getty Images Comcast and the International Olympic Committee have agreed on a new deal that expands the company’s broadcast reach and extends […]
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